Ladie Delano's money making secrets. Nigeria's youngest billionaire

Ladi Delano, aged 30, Founder and CEO, Bakrie Delano Africa. The jet-setting Nigerian serial entrepreneur made his first millions as a liquor entrepreneur while living in China.
continue to read according to source after the cut....
In 2004, at age 22, he founded Solidarnosc Asia, a Chinese alcoholic beverage company that made Solid XS, a premium brand of vodka.

Solid XS went on to achieve over 50% market share in China and was distributed across over 30 cities in China, and pulled in $20 million in annual revenue.

Delano subsequently sold the company to a rival liquor company for over $15 million and ploughed his funds into his next venture-The Delano Reid Group, a real estate investment holding company focused on mainland China.

Today, Delano is the co-founder and Chief Executive Officer of Bakrie Delano Africa (BDA) – a $1 billion joint venture with the $15 billion (market cap) Bakrie Group of Indonesia.

Bakrie Delano Africa serves as the investment partner of the Bakrie Group in Nigeria. The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie Delano Africa is responsible for identifying investment opportunities in mining, agriculture and oil & gas and executing them.

tell a friend to tell a friend....
click share (fb or twitter) if you think others deserve to know this...
Please, you can click on FACEBOOK PAGE to like us or click the facebook like button to your top right
let's read your comments below